MRVL Q4 2024 Earnings — Marvell Technology, Inc. Revenue & Financial Results | Market Cap Arena

MRVLMarvell Technology, Inc.

$83B

Q4 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$1.4B+0.6% YoY

Gross Profit

$664M46.6% margin

Operating Income

-$33M-2.3% margin

Net Income

-$393M-27.5% margin

EPS (Diluted)

$-0.45

QoQ Revenue Growth

+0.6%

Cash Flow

Operating Cash Flow

$547M

Free Cash Flow

$465M

Stock-Based Comp.

$155M

Balance Sheet

Total Assets

$21.2B

Total Liabilities

$6.4B

Stockholders' Equity

$14.8B

Cash & Equivalents

$951M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.4B	$1.4B	+0.6%
Gross Profit	$664M	$673M	-1.4%
Operating Income	-$33M	$23M	-242.9%
Net Income	-$393M	-$15M	-2450.0%

Revenue Segments

Data Center

$765M54%

Enterprise Networking

$265M19%

Carrier Infrastructure

$170M12%

Consumer

$144M10%

Automotive And Industrial

$82M6%

Geographic Segments

CHINA

$681M48%

UNITED STATES

$188M13%

Other Countries

$152M11%

THAILAND

$113M8%

SINGAPORE

$80M6%

PHILIPPINES

$63M4%

MALAYSIA

$53M4%

JAPAN

$44M3%

FINLAND

$27M2%

TAIWAN

$26M2%